bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 19.07.2018 | Name days: Jautrīte, Kamila, Digna
LatviaLatvia

RP: port income should go to the state budget

FaceBook
Twitter
Draugiem
print
(+1 rating, 1 votes)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUOne of the possible options to increase state budget revenue is to introduce port contributions. The Reform Party (RP) has presented this proposal to its coalition partners.

This proposal provides for having port management pay a part of the port’s income as contributions to the state budget. This will not impact the competitiveness of Latvian ports. The contributions themselves will depend on work results, RP reports.

The Finance Ministry and coalition partners were presented with two options how to secure additional revenue to the state budget using port activities. One of the options involves amending Section 14 of the Law on Ports, adding a point that states a specific share of port income to be transferred to the state budget (10% – 30%). The second option provides the introduction of similar contributions.

“Unlike large state companies like Latvijas valsts meži (Latvia’s State Forests), Latvijas dzelzceļš (Latvian Railway) and others, ports to not transfer any money to the state budget. The argument that companies have different management structure has no place and cannot be considered an obstacle,” – believes Chairwoman of Saeima European Affairs Committee Zanda Kalnina-Lukasevica.

“The state budget could receive several millions of additional budget money from this option. This money can then be diverted to efforts aimed at reducing social inequality and contribute to the overall development of Latvia’s economy,” – the deputy says.

There are three large ports in Latvia – Ventspils, Riga and Liepaja. All three have strategic infrastructure at their disposal. The port is paid considerable money by clients that operate within the port’s territory. The ports themselves do not transfer any of these payments to the state budget.

Tallinn port performs payments to the Estonian state budget in two forms: dividends and taxes. The port paid a total of EUR 42.8 million to the state in 2012, including EUR 33.8 million as dividends.

According to estimates of the Economy Ministry, the total income of Riga, Ventspils and Liepaja ports was LVL 57.2 million in 2012.

BNN had previously reported that the State Audit had uncovered information that the management of Riga Freeport had misappropriated LVL 41 million in the period between 2009 and 2011.

Ref: 102.109.109.8614


Leave a reply

  1. mememe says:

    ollect money?

House arrest of Russian theatre director Serebrennikov extended

A court in Russia prolonged the house arrest of Kirill Serebrennikov, a leading Russian theatre and cinema director, until August 22 as he waits for a criminal trial charged with of embezzlement of state funds.

NCP picks Jurašs, Strīķe, Bordāns, Feldmanis and Šuplinska as its headliners

Latvia’s New Conservative Party has picked Juris Jurašs, Juta Strīķe, Jānis Bordāns, Krišjānis Feldmanis and Ilga Šuplinska as its headliner candidates for Saeima elections.

Bank: residents spend an average of 50 to 100 euros on health every quarter

84% of residents aged 18 to 74 have used medical services in the past three months. Only 5% of all costs were covered by health insurance, according to a survey by Norvik Banka.

Countries sign third Rail Baltica co-financing agreement

Connecting Europe Facility co-financing agreement for the construction of Rail Baltica railway infrastructure was signed by participating member states on 13 July. The value of the agreement is EUR 130 million. CEF’s contribution will reach EUR 110 million, which is equal to 85% of all applicable costs, as confirmed by RB Rail communication consultant Ligita Brodiņa.

Saeima plans to increase compensations for child victims

Saeima’s Legal Affairs Committee supported for the third reading amendments that provide for increasing state compensations to child victims.

Sweden asks for help to fight wildfires behind Arctic Circle

Sweden has called for help of European Union neighbours to put out wildfires, some raging in territories behind the arctic circle.

Latvijas Krajbanka administrator recovered EUR 1,038 million in June

The administrator of the liquidated Latvijas Krajbanka recovered EUR 1,038 million in June, which is 6.9 times more than a month prior, according to the official outlook published in Latvian Herald.

Estonians warned of heat wave, high UV radiation

Weather forecasters in Estonia have warned the population of hot weather conditions, because temperatures are forecast to reach 30-31 degrees Celsius this week.

Minister says police have leads in Bunkus murder case

Police have found new leads in the murder case of former insolvency administrator Mārtiņš Bunkus, said Interior Affairs Minister Rihards Kozlovskis in an interview to 900 seconds programme of LNT.

Average EU market prices for dairy products grew in May

Compared to April, dairy product prices in Latvia did not increase in May. In the EU, however, average market prices continued growing in May, according to information compiled by Agriculture Ministry’s Market and Direct Support Department.

ECHR: Russia violated human rights in Pussy Riot and Politkovskaya cases

The European Court of Human Rights (ECHR) has found Russia guilty of human rights violations in its handling of two high-profile cases – its arrest and conviction of Pussy Riot protest group in 2012 and the investigation into journalist Anna Politkovskaya's murder.

Draft making eID card a compulsory document from 2023 onward remains inactive

Latvia’s government has yet to review the legislative draft that makes electronic ID card a compulsory personal identification document for all residents of Latvia older than 15.

Latvia imported 7% less cigarettes in five months of 2018 than it did a year ago

In the first five months of 2018, Latvia imported 1.828 billion cigarettes, which is 7% less than the amount imported in the same period of last year, according to data compiled by the State Revenue Service.

EU's largest free trade agreement signed with Japan

A free trade agreement between the European Union and Japan has been signed and is to apply to close to a third of the world's gross domestic product and the economic activity to 600 million people.

Will Latvians know who elects their president? Draft on open vote «on the move»

On Tuesday, 17 July, Saeima’s Legal Affairs Commission decided to submit for the first reading amendments to the Constitution of the Republic of Latvia that provide for holding election of the country’s president in the Saeima through an open vote, as reported by the parliament’s press-service.

Schengen information system to help prevent tractor theft cases in Latvia

Latvia’s Cabinet of Ministers has supported amendments to the Operation of the Schengen Information System developed by the Interior Affairs Ministry. The aim of those amendments is providing access to the system to ensure public order and security in member states, the ministry explains.

Ministry declares no more free plastic bags for shoppers

From 1 January 2019 onward supermarkets will no longer provide plastic bags to customers free of charge. This will not apply to very light plastic bags, as confirmed by Latvia’s Environment Protection and Regional Development Ministry.

EY auditor’s work in ABLV Bank’s liquidation will be managed by its Polish office

The work of EY work in ABLV Bank’s liquidation process will be managed by its Polish office, as confirmed by company’s representatives.

Estonia sees no geopolitical change after U.S.-Russian summit in Helsinki

Estonian Foreign Minister Sven Mikser has commented cautiously that the U.S.-Russia summit in Helsinki is unlikely to bring fundamental change in the relations between the West, NATO military alliance and Russia.

airBaltic carried record large number of passengers in June

Latvia’s national airBaltic airline carried 1,876,839 passengers to destinations in Europe, Scandinavia, Russia, CIS countries and the Middle East in the first six months of 2018. This is 20% more when compared to the same period of last year, as BNN was told by the company.

Police to investigate possible MPC fraud at Tukums DH CHP plant

One of the largest CHP plants in Kurzeme – SIA Tukums DH – may have been squandering produced heating energy for a long time, which is a serious breach of mandatory procurement component governing rules, TV3 news reports.

Estonian holidaymakers die in Ukraine, media report

Three Estonian holidaymakers in Ukraine, have been found dead in a hotel in the Black Sea resort town of Odessa last weekend, Estonian media report without identifying the three young men.

Languages «a must-have». An interview with ex-president about political market methods and communist approach

There are two ways a political market is realized during closed presidential elections: one involves approval of candidates in exchange for votes, and the other – for money. If it’s the latter, it is best for no one to know how elections are performed. Harmony, which now stays quiet about open elections, has always been against this proposal, because it does not allow for creating a political market – sale of votes in exchange for influence, which has been done before...

Migration from Baltics, Eastern Europe to UK lowest in years

Migration to the UK from the Baltics and other member states of the European Union has been the lowest it has been for nearly four years in 2017, Britain's official statistics show.

Putin in Helsinki denies U.S. election meddling, Trump doesn't object

At the Russia-U.S. summit Helsinki, a key development has been differences in the attitude by U.S. federal officials to Russian interference in the American election process. Days after Washington charged 12 Russians with hacking the computer systems of U.S. officials, U.S. President Donald Trump has accepted the denial of Russian responsibility expressed by Russian President Vladimir Putin.